Ballys Net Tangible Assets vs Other Current Liab Analysis

BALY Stock

USD 16.52 1.52 8.43%

Ballys Corp financial indicator trend analysis is way more than just evaluating Ballys Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ballys Corp is a good investment. Please check the relationship between Ballys Corp Net Tangible Assets and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ballys Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Ballys Stock please use our How to Invest in Ballys Corp guide.

Net Tangible Assets vs Other Current Liab

Net Tangible Assets vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ballys Corp Net Tangible Assets account and Other Current Liab. At this time, the significance of the direction appears to have pay attention.

The correlation between Ballys Corp's Net Tangible Assets and Other Current Liab is -0.88. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Ballys Corp, assuming nothing else is changed. The correlation between historical values of Ballys Corp's Net Tangible Assets and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Ballys Corp are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Net Tangible Assets i.e., Ballys Corp's Net Tangible Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.88

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Other Current Liab

Most indicators from Ballys Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ballys Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ballys Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Ballys Stock please use our How to Invest in Ballys Corp guide.Tax Provision is likely to rise to about 19.5 M in 2025. Selling General Administrative is likely to rise to about 1.1 B in 2025

	2022	2023	2024	2025 (projected)
Depreciation And Amortization	300.6M	350.4M	379.5M	398.5M
Interest Income	1.1M	6.1M	20.7M	21.8M

Depreciation And Amortization Interest Income

Ballys Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Total Current Assets
Total Assets		0.93	0.98	0.98	0.66	0.88	-0.8	0.96	0.93	-0.75	0.97	0.85	1.0	0.72	0.45	0.85	0.95	0.99	0.88	0.99	0.9	0.76	0.99	0.99	0.96	0.98
Short Long Term Debt Total	0.93		0.91	0.93	0.74	0.78	-0.74	0.87	1.0	-0.57	0.84	0.79	0.93	0.56	0.43	0.79	0.9	0.91	0.87	0.9	0.71	0.74	0.91	0.9	0.85	0.93
Other Current Liab	0.98	0.91		1.0	0.54	0.8	-0.88	0.99	0.9	-0.79	0.95	0.81	0.98	0.77	0.3	0.81	0.9	0.97	0.9	0.99	0.94	0.85	0.95	1.0	0.91	0.95
Total Current Liabilities	0.98	0.93	1.0		0.55	0.79	-0.87	0.98	0.92	-0.78	0.94	0.8	0.98	0.76	0.3	0.8	0.9	0.97	0.91	0.99	0.91	0.86	0.95	0.99	0.9	0.95
Total Stockholder Equity	0.66	0.74	0.54	0.55		0.71	-0.13	0.46	0.74	-0.06	0.63	0.62	0.66	0.04	0.86	0.62	0.79	0.68	0.53	0.57	0.31	0.15	0.71	0.57	0.74	0.69
Other Liab	0.88	0.78	0.8	0.79	0.71		-0.57	0.79	0.77	-0.59	0.85	0.76	0.87	0.54	0.61	0.76	0.85	0.86	0.59	0.86	0.77	0.48	0.89	0.85	0.89	0.89
Net Tangible Assets	-0.8	-0.74	-0.88	-0.87	-0.13	-0.57		-0.91	-0.73	0.9	-0.74	-0.64	-0.8	-0.86	0.14	-0.64	-0.61	-0.76	-0.81	-0.85	-0.88	-0.9	-0.74	-0.85	-0.65	-0.76
Property Plant And Equipment Net	0.96	0.87	0.99	0.98	0.46	0.79	-0.91		0.86	-0.82	0.91	0.81	0.96	0.8	0.2	0.81	0.84	0.93	0.85	0.98	0.96	0.88	0.92	0.98	0.88	0.94
Net Debt	0.93	1.0	0.9	0.92	0.74	0.77	-0.73	0.86		-0.56	0.83	0.78	0.92	0.56	0.42	0.78	0.9	0.9	0.87	0.89	0.71	0.74	0.9	0.9	0.85	0.93
Retained Earnings	-0.75	-0.57	-0.79	-0.78	-0.06	-0.59	0.9	-0.82	-0.56		-0.76	-0.58	-0.75	-0.95	-0.01	-0.58	-0.62	-0.74	-0.72	-0.8	-0.88	-0.72	-0.72	-0.79	-0.67	-0.69
Accounts Payable	0.97	0.84	0.95	0.94	0.63	0.85	-0.74	0.91	0.83	-0.76		0.81	0.97	0.72	0.52	0.81	0.95	0.99	0.86	0.96	0.9	0.66	0.98	0.96	0.97	0.93
Cash	0.85	0.79	0.81	0.8	0.62	0.76	-0.64	0.81	0.78	-0.58	0.81		0.84	0.57	0.43	1.0	0.8	0.82	0.7	0.83	0.77	0.54	0.83	0.83	0.87	0.92
Non Current Assets Total	1.0	0.93	0.98	0.98	0.66	0.87	-0.8	0.96	0.92	-0.75	0.97	0.84		0.72	0.45	0.84	0.95	0.99	0.88	0.99	0.9	0.76	0.99	0.99	0.96	0.98
Non Currrent Assets Other	0.72	0.56	0.77	0.76	0.04	0.54	-0.86	0.8	0.56	-0.95	0.72	0.57	0.72		0.01	0.57	0.62	0.71	0.65	0.77	0.84	0.77	0.66	0.77	0.65	0.68
Other Assets	0.45	0.43	0.3	0.3	0.86	0.61	0.14	0.2	0.42	-0.01	0.52	0.43	0.45	0.01		0.43	0.67	0.52	0.29	0.36	0.16	-0.17	0.53	0.36	0.62	0.47
Cash And Short Term Investments	0.85	0.79	0.81	0.8	0.62	0.76	-0.64	0.81	0.78	-0.58	0.81	1.0	0.84	0.57	0.43		0.8	0.82	0.7	0.83	0.77	0.54	0.83	0.83	0.87	0.92
Net Receivables	0.95	0.9	0.9	0.9	0.79	0.85	-0.61	0.84	0.9	-0.62	0.95	0.8	0.95	0.62	0.67	0.8		0.97	0.84	0.91	0.76	0.59	0.96	0.91	0.97	0.93
Good Will	0.99	0.91	0.97	0.97	0.68	0.86	-0.76	0.93	0.9	-0.74	0.99	0.82	0.99	0.71	0.52	0.82	0.97		0.89	0.98	0.88	0.72	0.99	0.98	0.97	0.95
Common Stock Shares Outstanding	0.88	0.87	0.9	0.91	0.53	0.59	-0.81	0.85	0.87	-0.72	0.86	0.7	0.88	0.65	0.29	0.7	0.84	0.89		0.87	0.76	0.74	0.88	0.88	0.8	0.81
Non Current Liabilities Total	0.99	0.9	0.99	0.99	0.57	0.86	-0.85	0.98	0.89	-0.8	0.96	0.83	0.99	0.77	0.36	0.83	0.91	0.98	0.87		0.94	0.81	0.97	1.0	0.94	0.96
Inventory	0.9	0.71	0.94	0.91	0.31	0.77	-0.88	0.96	0.71	-0.88	0.9	0.77	0.9	0.84	0.16	0.77	0.76	0.88	0.76	0.94		0.8	0.87	0.94	0.84	0.86
Other Current Assets	0.76	0.74	0.85	0.86	0.15	0.48	-0.9	0.88	0.74	-0.72	0.66	0.54	0.76	0.77	-0.17	0.54	0.59	0.72	0.74	0.81	0.8		0.66	0.81	0.59	0.71
Other Stockholder Equity	0.99	0.91	0.95	0.95	0.71	0.89	-0.74	0.92	0.9	-0.72	0.98	0.83	0.99	0.66	0.53	0.83	0.96	0.99	0.88	0.97	0.87	0.66		0.97	0.97	0.96
Total Liab	0.99	0.9	1.0	0.99	0.57	0.85	-0.85	0.98	0.9	-0.79	0.96	0.83	0.99	0.77	0.36	0.83	0.91	0.98	0.88	1.0	0.94	0.81	0.97		0.94	0.96
Deferred Long Term Liab	0.96	0.85	0.91	0.9	0.74	0.89	-0.65	0.88	0.85	-0.67	0.97	0.87	0.96	0.65	0.62	0.87	0.97	0.97	0.8	0.94	0.84	0.59	0.97	0.94		0.95
Total Current Assets	0.98	0.93	0.95	0.95	0.69	0.89	-0.76	0.94	0.93	-0.69	0.93	0.92	0.98	0.68	0.47	0.92	0.93	0.95	0.81	0.96	0.86	0.71	0.96	0.96	0.95

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Ballys Corp Account Relationship Matchups

Ballys Corp fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.9B	6.6B	6.3B	6.9B	5.9B	3.7B
Short Long Term Debt Total	1.2B	4.0B	4.5B	5.1B	1.6B	2.2B
Other Current Liab	116.6M	438.6M	577.3M	653.0M	566.6M	314.5M
Total Current Liabilities	143.2M	570.1M	755.8M	874.8M	677.8M	411.7M
Total Stockholder Equity	326.6M	1.6B	805.8M	635.4M	30.9M	29.4M
Other Liab	23.9M	303.9M	434.0M	265.7M	305.6M	183.5M
Net Tangible Assets	(32.0M)	(523.8M)	(127.9M)	(2.9B)	(2.6B)	(2.5B)
Property Plant And Equipment Net	785.1M	1.3B	2.0B	2.3B	2.2B	1.2B
Net Debt	1.0B	3.8B	4.3B	4.9B	1.4B	2.1B
Retained Earnings	34.8M	(138.7M)	(535.4M)	(555.9M)	(1.1B)	(1.1B)
Accounts Payable	15.9M	87.5M	70.1M	69.2M	85.8M	48.5M
Cash	123.4M	206.2M	212.5M	163.2M	171.2M	156.2M
Non Current Assets Total	1.6B	6.0B	5.8B	6.3B	5.4B	3.4B
Non Currrent Assets Other	5.4M	27.0M	30.3M	110.3M	127.0M	133.4M
Other Assets	5.7M	5.4M	6.6B	55.8M	64.2M	61.0M
Cash And Short Term Investments	123.4M	206.2M	212.5M	163.2M	171.2M	156.2M
Net Receivables	14.8M	218.4M	125.4M	162.1M	118.2M	88.8M
Good Will	187.0M	2.1B	1.7B	1.9B	1.8B	1.0B
Common Stock Shares Outstanding	31.3M	49.6M	58.1M	53.4M	48.5M	48.3M
Liabilities And Stockholders Equity	1.9B	6.6B	6.3B	6.9B	5.9B	3.7B
Non Current Liabilities Total	1.5B	4.4B	4.7B	5.4B	5.2B	2.8B
Inventory	9.3M	11.5M	14.2M	14.6M	19.3M	11.9M
Other Current Assets	29.0M	12.5M	129.4M	232.4M	139.2M	77.3M
Other Stockholder Equity	294.6M	1.8B	1.6B	1.4B	1.4B	820.6M
Total Liab	1.6B	4.9B	5.5B	6.2B	5.8B	3.2B
Total Current Assets	289.0M	567.2M	522.7M	572.3M	447.9M	367.4M
Accumulated Other Comprehensive Income	(3.1M)	(69.7M)	(295.6M)	(209.6M)	(260.3M)	(247.3M)
Short Term Debt	7.3M	44.0M	52.4M	74.3M	85.4M	89.7M
Intangible Assets	663.4M	2.5B	2.0B	1.9B	1.3B	1.1B
Common Stock	307K	530K	466K	400K	408K	410.1K
Property Plant Equipment	527.7M	785.1M	838.7M	1.2B	1.4B	1.5B
Current Deferred Revenue	14.9M	17.4M	200M	78.3M	90.0M	57.9M
Long Term Debt	1.1B	3.4B	3.5B	3.6B	3.3B	2.2B
Common Stock Total Equity	412K	307K	530K	466K	535.9K	450.5K
Net Invested Capital	1.4B	5.1B	4.3B	4.3B	3.3B	2.8B
Property Plant And Equipment Gross	785.1M	1.6B	2.3B	2.6B	2.5B	1.5B
Short Long Term Debt	3.6M	3M	5.8M	19.5M	22.4M	17.0M
Net Working Capital	145.8M	(2.9M)	(233.1M)	(302.4M)	(229.9M)	(218.4M)
Capital Stock	307K	530K	466K	400K	408K	456.2K

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Ballys Net Tangible Assets vs Other Current Liab Analysis

Net Tangible Assets vs Other Current Liab

Net Tangible Assets vs Other Current Liab Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Other Current Liab

Ballys Corp fundamental ratios Correlations

Ballys Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ballys Corp fundamental ratios Accounts

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Additional Tools for Ballys Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Total Current Liabilities	+ 1.0	Other Current Liab
Total Liab	+ 1.0	Other Current Liab
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total

Non Currrent Assets Other	- 0.95	Retained Earnings
Property Plant And Equipment Net	- 0.91	Net Tangible Assets
Other Current Assets	- 0.9	Net Tangible Assets
Inventory	- 0.88	Retained Earnings
Inventory	- 0.88	Net Tangible Assets
Net Tangible Assets	- 0.88	Other Current Liab